Get a rare look at Michael Jackson's Neverland Ranch, on sale for $100 million

It's synonymous with Michael Jackson, and it can be yours for $100 million.

The official name of the 2,700-acre spread in Los Olivos, California, is Sycamore Valley Ranch, but it's better known as Neverland Ranch, the former home of the King of Pop. NBC's Joe Fryer got a rare tour of the property, where there's a thorough vetting process for potential buyers just to be allowed to see the ranch.

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Michael Jackson Neverland

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Get a rare look at Michael Jackson's Neverland Ranch, on sale for $100 million

Workers standby at the train station at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

LOS OLIVOS, CA - JULY 08: General view of the front gate at Neverland Ranch on July 8, 2009 in Los Olivos, California. (Photo by Alberto E. Rodriguez/Getty Images)

The clock atop the train station is seen at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

The train station at Neverland Ranch is shown in Los Olivos, Calif., Wednesday, July 1, 2009, as preparations are made for a possible memorial service for the late pop star Michael Jackson at his former residence. (AP Photo/Chris Carlson)

The front of the main house is seen at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

The master bathroom in the main house that was once used by Michael Jackson is seen at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

FILE - - This July 2, 2009 file photo shows an ice cream cart given to Michael Jackson by actress Elizabeth Taylor that sits next to the pool behind the main house at the Neverland Ranch in Los Olivos, Calif. In 2014, Jackson's playtime palace sits empty now. The backyard circus and laughter of children are long gone, but the house and its fanciful memories live on. (AP Photo/Carolyn Kaster, file)

A chandelier hangs over a lofted main entryway of the main house at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

A long banquet table stretches out under a tree in the grounds behind the main house at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

The front of the main house at Neverland Ranch is seen in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

Across the foyer of the main house, doors are open leading to the back grounds at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

Site workers walk through the main entrance below at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

The interior of the pool house is at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. When Michael Jackson lived her it was full of arcade games. (AP Photo/Carolyn Kaster)

A bronze statue of three children fishing in the creek is seen silhouetted behind the main house at Michael Jackson's former home, Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

The swimming pool behind the main house is seen at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

A tennis court is seen behind the pool house at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

A walk-in closet between the master bedroom and the master bathroom is seen at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. Michael Jackson's "secret room" is hidden around the corner in this closet. The hidden "secret room" was used by Michael Jackson to store valuable items (AP Photo/Carolyn Kaster)

A hallway lined with windows leads away from the master bedroom of the main house at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

The wine cellar under the pool house is seen at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

A upstairs room in the main house is seen at Neverland Ranch in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

Bronze statues line the drive leading to the front of the main house at Neverland Ranch is seen in Los Olivos, Calif., Thursday, July 2, 2009. (AP Photo/Carolyn Kaster)

A ring of fresh whtie roses encircles a reflective sign on the front gate of the Neverland Ranch in Los Olivos, Calif., predawn on Wednesday, July 1, 2009. (AP Photo/Carolyn Kaster)

UNITED STATES - JANUARY 27: Aerial view of Neverland Ranch, once the home of famed singer Michael Jackson, in the Santa Ynez Valley of Santa Barbara County, California (Photo by Carol M. Highsmith/Buyenlarge/Getty Images)

"Michael's vision was to take the ranch back to its natural setting and to sell the ranch eventually,'' Kyle Forsyth of Colony Capital told Fryer. "So we're just following through with our original vision."

Jackson bought the ranch in 1987 for $19.5 million and turned it into a Peter Pan-inspired amusement park with a 12,000-square foot, six-bedroom mansion as the centerpiece. In 2005, the ranch was the site of child molestation accusations against Jackson, who was charged and acquitted.

Colony Capital bought the property from Jackson for $22.5 million before his death in 2009 when he was in default on a loan. TODAY's Matt Lauer was given a rare glimpse inside the workings of the ranch shortly after Jackson's death.

See photos of Jackson through the years:

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Michael Jackson (Through the Years)

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Get a rare look at Michael Jackson's Neverland Ranch, on sale for $100 million

The Jackson 5 perform during the "Sonny and Cher Comedy Hour" in Los Angeles, Calif., Sept. 15, 1972. The brothers, from left to right, are, Tito; Marlon; lead singer Michael, the youngest; Jackie; and Jermaine. (AP Photo)

American singer Michael Jackson poses at a hotel while on tour with Jackson 5, London, England, November 1972. (Photo by Express Newspapers/Getty Images)

Michael Jackson is flanked by brothers Tito, left, and Marlon, right, as the Victory tour of the Jacksonâs opens at Rich Stadium near Buffalo, New York Saturday, August 25, 1984. (AP Photo/Rob McElroy)

Undated picture of US pop singer Michael Jackson. Michael Jackson died on June 25, 2009 after suffering a cardiac arrest, sending shockwaves sweeping across the world and tributes pouring in on June 26 for the tortured music icon revered as the 'King of Pop.' AFP PHOTO (Photo credit should read /AFP/GettyImages)

(FILES) US pop star and entertainer Michael Jackson (R) and actress Brooke Shields arrive at the shrine Auditorium in Los Angeles where Jackson is expected to run away with a major part of the Grammy awards on Febuary 28, 1984. Michael Jackson died on June 25, 2009 after suffering a cardiac arrest, sending shockwaves sweeping across the world and tributes pouring in on June 26 for the tortured music icon revered as the 'King of Pop.' AFP PHOTO/Alan ZANGER (Photo credit should read BERTRAND GUAY/AFP/Getty Images)

FILE - In this July 7, 1984 file photo, Michael Jackson wears a white glove during his performance kicking off the "Victory Tour" at Arrowhead Stadium in Kansas City, Mo. Jackson, 50, died in Los Angeles on Thursday, June 25, 2009. (AP Photo/Cliff Schiappa, file)

FILE - In a Tuesday, Feb. 25, 1986 file photo, Michael Jackson and Lionel Richie receive a Grammy for best song of the year for their song "We Are the World" at the 28th annual Grammy Awards in Los Angeles. Richie, a longtime friend to Michael Jackson, says the country is in need of some healing after the pop star's recent death and the Essence Music Festival in New Orleans is going to provide the perfect remedy. Essence, which begins Friday, July 3, 2009 and runs through Sunday, will feature performances by Richie, Beyonce, John Legend, Ne-Yo, Anita Baker and a host of other artists. Organizers are now also planning a special tribute to Jackson. (AP Photo/Lennox McLendon, File)

From left to right: singer Lionel Richie, Sheila E., actress Elizabeth Taylor, singer Michael Jackson and Diana Ross sing "We are the World" at the close of the American Music Awards on Monday, Jan. 28, 1986 in Los Angeles, United States. (AP Photo/Nick Ut)

FILE - In this Nov. 13, 1988 file photo, pop singer Michael Jackson performs before a sold out crowd for his Bad tour at the Los Angeles Sports Arena. Jackson, 50, died in Los Angeles on Thursday, June 25, 2009. (AP Photo/Alan Greth, file)

Michael Jackson opens the first of a threee-night concert stay promoting his album "Bad", in Rosemont, Illinois, Tuesday night, April 19, 1988. Jackson will be touring the U.S. and Europe for the next three months. (AP Photo/Mark Elias)

(FILES) US pop star and entertainer Michael Jackson performs during the opening concert of the Asian leg of his 'Dangerous' world tour in National Stadium in Bangkok on August 24, 1993. Michael Jackson died on June 25, 2009 after suffering a cardiac arrest, sending shockwaves sweeping across the world and tributes pouring in on June 26 for the tortured music icon revered as the 'King of Pop.' AFP PHOTO/Pongsak CHAIYANUWONG (Photo credit should read PONGSAK CHAIYANUWONG/AFP/Getty Images)

FILE - In this Jan. 25, 1993 file photo, Pop singer Michael Jackson, right, holds his award while posing with actress Elizabeth Taylor at the 20th American Music Awards held at the Shrine Auditorium in Los Angeles. (AP Photo/Mark Terrill, file)

NEW YORK, NY - SEPTEMBER 7: Singer Michael Jackson (R) and guitarist Slash of 'Guns and Roses' perform the opening number at the 1995 MTV Video Music Awards 07 September held at the Radio City Music Hall in New York. Jackson and sister Janet Jackson have been nominted for 11 awards for their video 'Scream.' AFP PHOTO (Photo credit should read DON EMMERT/AFP/Getty Images)

US pop star and entertainer Michael Jackson performs during a concert at Vincennes hypodrome on September 13, 1992. Michael Jackson died on June 25, 2009 after suffering a cardiac arrest, sending shockwaves sweeping across the world and tributes pouring in on June 26 for the tortured music icon revered as the 'King of Pop.' AFP PHOTO/Bertrand GUAY (Photo credit should read BERTRAND GUAY/AFP/Getty Images)

(FILES) US pop star Michael Jackson waves to photographers during a press conference in Paris on March 19, 1996. Michael Jackson died on June 25, 2009 after suffering a cardiac arrest, sending shockwaves sweeping across the world and tributes pouring in for the tortured music icon revered as the 'King of Pop.' AFP PHOTO / VINCENT AMALVY (Photo credit should read VINCENT AMALVY/AFP/Getty Images)

NEW YORK, NY - SEPTEMBER 7: Michael Jackson (C) performs at Madison Square Garden in New York 07 September, 2001. It was the first of two performances in New York as part of his '30th Anniversary Celebration, the Solo Years.' AFP PHOTO (Photo credit should read BETH A. KEISER/AFP/Getty Images)

NEW YORK, UNITED STATES: (FILES) This 06 July, 2002, file photo shows pop singer Michael Jackson (L) waving from his limo to fans in the Harlem neighborhood of New York. The child molestation trial against Jackson is scheduled to start 31 January, 2005, in Santa Maria, California. The star has denied 10 charges, including child molestation, plying a child with alcohol to seduce him and of conspiring to kidnap and falsely imprison a child and his family at his Neverland Ranch. He is free on a three million USD bail. AFP PHOTO/Doug KANTER/FILES (Photo credit should read DOUG KANTER/AFP/Getty Images)

LOS ANGELES, UNITED STATES: US pop singer Michael Jackson salutes the audience after recieving the Artist of the Century Award during the 29th Annual American Music Awards at the Shrine Auditorium in Los Angeles 09 January 2002. AFP PHOTO/Hector MATA (Photo credit should read HECTOR MATA/AFP/Getty Images)

NEW YORK, UNITED STATES: US singer Michael Jackson and guitarist Dave Navaro perform during the Democratic National Committee (DNC) benefit concert, 'A Night at the Apollo', at the world-famous Apollo Theater 24 April 2002 in New York. The concert was to kick off a nationwide voter registration drive. AFP PHOTO/TIMOTHY A. CLARY (Photo credit should read TIMOTHY A. CLARY/AFP/Getty Images)

404248 10: Musician Michael Jackson performs at the taping of 'American Bandstands 50th...A Celebration' television special honoring the music show April 20, 2002 in Pasadena, CA. (Photo by Vince Bucci/Getty Images)

BERLIN - NOVEMBER 19: Singer Michael Jackson holds his son eight-month-old son Prince Michael II over the balcony of the Adlon Hotel November 19, 2002 in Berlin, Germany. Jackson is in Berlin with his three children to accept a lifetime achievement award. (Photo by Olaf Selchow/Getty Images)

BERLIN - NOVEMBER 19: Singer Michael Jackson appears at the balcony of the Adlon Hotel with an unidentified child November 19, 2002 in Berlin, Germany. Jackson is in Berlin with his three children to accept a lifetime achievement award. (Photo by Olaf Selchow/Getty Images)

SOWETO, SOUTH AFRICA - JULY 18: US musician Michael Jackson holds a child 18 July in Soweto, South Africa, where he laid a wreath at the memorial for students who died in an uprising on 16 June. Jackson sang a happy birthday song to South African President Nelson Mandela at a surprise meeting with the president shortly after he arrived in the country. AFP PHOTO (Photo credit should read WALTER DHLADHLA/AFP/Getty Images)

SANTA MARIA, UNITED STATES: (FILES) This 13 November, 2002, file photo shows pop singer Michael Jackson arriving inside the Santa Maria Superior Court for a trial in which he is accused of canceling concert appearances and costing the promoter several million dollars. The child molestation trial against Jackson is scheduled to start 31 January, 2005, in Santa Maria, California. The star has denied 10 charges, including child molestation, plying a child with alcohol to seduce him and of conspiring to kidnap and falsely imprison a child and his family at his Neverland Ranch. He is free on a three million USD bail. POOL/SPENCER WEINER/FILES (Photo credit should read SPENCER WEINER/AFP/Getty Images)

SANTA MARIA, CA - NOVEMBER 14: Musician Michael Jackson signs autographs for fans as he arrives at his civil trial in Santa Maria Superior Court November 14, 2002 in Santa Maria, California. The artist is being sued for $21 million by his longtime promoter for backing out of two concerts. (Photo by Bryan Chan-Pool/Getty Images)

SANTA MARIA, CA - NOVEMBER 15: Pop star Michael Jackson testifies during his civil trial in Santa Maria Superior Court on November 15, 2002 in Santa Maria, California. The pop star is being sued for $21 million by his longtime promoter for backing out of two concerts. (Photo by Ed Souza-Pool/Getty Images)

SANTA MARIA, CA - DECEMBER 4: Singer Michael Jackson testifies during the morning session of his civil trial in Santa Maria Superior Court on December 4, 2002 in Santa Maria, California. The artist is being sued for $21 million by his longtime promoter for backing out of two concerts. (Photo by Jim Ruyman-Pool/Getty Images)

Michael Jackson performs at a Democratic National Committee fundraiser at the Apollo Theatre in New York, Wednesday, April 24, 2002. The fundraiser is a kickoff for the party's nationwide voter registration drive. Behind Jackson, actors playing the parts of an Arab and Jew embrace. (AP Photo/Mark Lennihan)

FILE - In this Tuesday, June 24, 2003 file picture, Michael Jackson, left, performs with James Brown during the BET Awards in Los Angeles. Jackson later presented Brown with a lifetime achievement award. Jackson has died in Los Angeles at age 50 on Thursday, June 25, 2009. (AP Photo/Kevork Djansezian)

LAS VEGAS - OCTOBER 27: (TABLOIDS OUT) Singer Beyonce' Knowles and singer Michael Jackson, winner of the 2003 Humanitarian Award, hug onstage at The 2003 Radio Music Awards at the Aladdin Casino Resort October 27, 2003 in Las Vegas, Neveda. For more information on Jackson's humanitarian efforts, go to musicforgiving.org. (Photos by Kevin Winter/Getty Images)

SANTA MARIA, CA - APRIL 30: Singer Michael Jackson gestures while departing the courthouse after his arraignment on April 30, 2004 in Santa Maria, California. Jackson plead not guilty to the grand jury indictment of numerous child molestation charges. (Photo by David McNew/Getty Images)

Pop star Michael Jackson leaves Santa Barbara County Superior Court in Santa Maria, Calif., Thursday April 7, 2005, after another day of testimony in his child molestation trial. A former security guard at Michael Jackson's Neverland ranch told a lurid story Thursday about seeing the singer kiss, fondle and perform oral sex on a boy who later received a financial settlement from the pop star. (AP Photo/Kevork Djansezian)

Michael Jackson waves in Tokyo in this Sunday, May 28, 2006 file photo. Jackson is "reviewing and evaluating" proposals for his future including several offers to perform in Las Vegas, his spokeswoman said Tuesday, Feb. 27, 2007, but he doesn't feel any pressure to make a quick decision. Raymone K. Bain confirmed that, after a period of globe-trotting, Jackson is currently living in Las Vegas. (AP Photo/Shizuo Kambayashi, file)

US singer Michael Jackson announces that he is set to play ten live concerts at the London O2 Arena in July, at the venue itself in south London, Thursday, March 5, 2009. (AP Photo/Joel Ryan)

FILE - In this March 30, 2005 file photo, Michael Jackson exits a courtroom in Santa Maria, Calif. The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal. (AP Photos/Hector Mata, pool, File)

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The amusement park rides and circus animals are gone, but the railroad tracks and the train station with a giant clock made of flowers remain intact. Also, a 50-seat movie theater designed by Jackson is still part of the property. Fryer also was given a rare look at the spectacular view overlooking the ranch's four square miles, which includes Mount Catherine, named after Jackson's mother.

The buyer will be free to alter the property as he or she sees fit, but the hope is that it will be someone with an appreciation for its history.

"We still have an affinity for Michael and a deep respect for Michael's legacy,'' Forsyth said.